10 Great Ways to Save Money Every Month

When this pandemic hit us, I said to myself, I have NO EXCUSE for not saving money.  Funds that I would allocate for “miscellaneous” recreational things, I thought since they are basically NON EXISTENT, as we are on lockdown I can put those Friday night movie funds, impulse online shopping, or those occasional dinners and drinks with my friends’ funds to my SAVINGS.

The  financial freedom of having extra money every month to still invest and save in my bank account is a damn great feeling eh!

Let me put it out there.  If you’re anything like me who had to go through PAIN  to eliminate credit card debt, then you know it’s NOT an easy road!  It meant being disciplined enough to live below your means and only purchase essential things in your life, to remove those debts.  I’m happy to share a few tips that can help you save money every month, especially if you’re struggling from pay-check to pay-check or living on one income.

• Lower your Monthly  Bills

The dose is usually taken 1 hour before sexual levitra prescription on line activity. Prevention act is cheap viagra cialis equally important. They always calculate buy viagra mastercard http://deeprootsmag.org/2013/12/05/very-mary-indeed/ their ovulation and have sex at that period. Once the sexual generic viagra drive is restored, the symptoms disappear, and alcohol will become repulsive to you.

Do you really take a look at your bills?  Or do you just look at the total and pay what is due every month? I suggest you start paying attention. Look for unnecessary expenses so that you can cut your monthly bill expenses.  For example, your cell phone package.  Do you really NEED that amount of monthly data? Especially if you’re working from home, using your home’s internet wifi, not going out as much to consume data..

Do you NEED that international roaming package add-on?  You’re not traveling during this time, right  Call your service provider and downgrade the plan to suit your new lifestyle especially during this pandemic.  SAVINGS

• Prepare Your Meals at Home

Currently, we DON’T have a choice!  No dining-in.  How about you save the hundreds of dollars you would have spent dining out, purchase groceries for way less, and cook your dinners at home. It’s much healthier, you can even meal-prep for the week, not to mention – SAVINGS.

• End Bottled Water Purchases

Stop paying $100 or more every month for overpriced “sparkling” water and fancy bottled water.  Invest in a water filter from AMAZON for $27, a cute reusable stainless steel water bottle from WALMART for $10.  SAVINGS.

• Go Cash Back Crazy

Check your financial institute, favorite retail stores, pharmacies, cashback apps like RAKUTEN and CHECKOUT 51 (they give you cashback rewards when you shop online through their account).  Even your favorite airlines for that cashback card, coupon card, air miles card, points card, gas card.  I mean any card offering a percentage of your purchases back in cash to you.  Points redeemable for discounts or discounts at gas stations when you fill up only means… SAVINGS

• Create A Budget and Stick to It

Don’t let budgeting intimidate you.  As long as you are honest where you can cut back.  It’s a sure way to track your spending, ensuring your income is always more than your expenses.  There are tons of budgeting apps available to download to help you along the way like BUDDY and FUDGET.  It definitely helps you  from living pay-check to pay-check, tracks your spending, and best of all builds SAVINGS.

• Have a NO SPEND Month

Yup, just as it says, no spending for a month, only for necessities like your bills and food.  It’s such a great frugal habit to help with your SAVINGS.

• Get a Side Hustle

Extra streams of income are always a sure-fire way to boost your savings.  Blogging, for instance, has the potential to create a full-time second income for you, it does require a lot of groundwork but it is greatly rewarding.

Have a skill you are good at? Resume writing, Virtual assistant, bookkeeping, transcription, you can advertise your services on FIVERR, there are people on this app who are always looking for your expertise and WILL PAY you for your services.  Extra money.  Extra SAVINGS. 

• Pay Off Your Debts

Part of your income should be going towards paying off your debts.  Try to pay more than your minimum balances due and on time every month, to avoid interest.  You cannot ignore your debts, it will hurt your CREDIT.  The more  debt you incur, the fewer chances you have to create healthy SAVINGS.

• Set up Auto-Pay

If you cannot keep track of your due dates for all of your bills and monthly outstanding payments, you most likely have been incurring LATE FEES, that is money going down the drain unnecessarily.  Set a specific day of the month, when your bills are due, to automatically pay them from your credit card,  or bank account.  You’re definitely SAVING time and money. 

• Buy in Bulk 

Instead of purchasing items like rice. beans, cereal, at the regular grocery price at least twice per month, why not buy your items in BULK?  It lasts longer, fewer grocery trips, and most of all you are SAVING.

I hope these tips helped you in some way, especially if you are working toward your financial goals.  You want to ensure you get the most out of every dollar spent, while increases your SAVINGS.  What other saving strategies do you adopt monthly? Leave a comment and share it with me.

XOXO

“Do not save what is left after spending, but spend what is left after saving.”

WARREN BUFFETT